665 W 21st, San Pedro, California 90731, San Pedro, 90731 - 0 bed, 0 bath
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San Pedro, California 90731
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $1,379,000—positioned slightly above the $1,330,718 Fair Market Value. Featuring a Good Condition Rating with a new roof and fresh paint, the property offers a rare Owner-Occupancy Potential with a vacant, move-in ready 3-bedroom unit. Located near Top-Rated Schools like Taper Avenue Elementary and San Pedro Senior High, this asset provides both immediate rental income and long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 665 W 21st Subject | $1,379,000* List Price | 0 | 0 | 4,438 | $300 | - |
A 534 W 19th Sold | $980,000 | 0 | 0 | 4,000 | $245 | 0.2 mi |
B 358 W 17th Sold | $1,120,000 | 0 | 0 | 4,547 | $246 | 0.5 mi |
C 841 W 25th Street Sold | $1,200,000 | 0 | 0 | 3,603 | $333 | 0.3 mi |
D 343 W 12th Street Sold | $1,150,000 | 0 | 0 | 4,090 | $281 | 0.7 mi |
E 1012 W 18th Street Sold | $1,160,000 | 0 | 0 | 4,739 | $245 | 0.5 mi |
F 221 W 10th Street Sold | $1,110,000 | 0 | 0 | 3,730 | $298 | 0.9 mi |
G 902 S Mesa Street Sold | $1,050,000 | 0 | 0 | 4,402 | $239 | 0.8 mi |
H 939 941 W 17th Sold | $1,075,000 | 0 | 0 | 2,804 | $383 | 0.4 mi |
I 535 W 15th Active | $1,500,000 List Price | 0 | 0 | 4,144 | $362 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1975, the property is well-maintained and move-in ready with significant recent updates including a new roof, fresh interior/exterior paint, and newer laminate flooring. While the kitchen and bathrooms are dated with older cabinetry and tile surfaces, the overall functional condition and major system maintenance (roof) align with the 'Good' category.
Elementary School: Taper Avenue Elementary School (9/10). High School: Palos Verdes Peninsula High School (10/10).
The spacious 3-bedroom, 2-bathroom owner's unit is vacant and move-in ready with new flooring and paint, making it an ideal setup for a buyer looking to live on-site while offsetting their mortgage with rental income.
At 4,438 total square feet, these units are designed as townhomes rather than traditional apartments, offering a high-density living space that is rare for the San Pedro market.
With two units currently occupied by tenants, a new owner may face challenges in immediately raising rents to market value or performing comprehensive interior renovations on those units.
While the property offers six garage spaces, the tandem configuration can be less convenient for tenants and may lead to logistical challenges regarding vehicle access and coordination.
Excellent owner/investment opportunity to own a well-maintained triplex in the heart of San Pedro featuring three exceptionally spacious units that live more like townhomes than traditional apartments. The owner's unit is vacant and move-in ready, offering 3 bedrooms and 2 bathrooms with newer laminate flooring, fresh interior paint, and a bright, open floor plan—ideal for an owner-occupant or to lease immediately at market rent. The two additional income-producing units are tenant occupied and consist of a spacious 3-bedroom, 2-bath unit and a 2-bedroom, 2-bath unit, providing strong rental income and long-term investment potential. The property has been meticulously maintained with fresh exterior paint, a new roof, new fencing and pride of ownership throughout. Parking is abundant with a private 2-car tandem garage for the owner's unit, plus four additional tandem garage spaces serving the other two units. Rare opportunity to own a large square footage triplex with owner-occupancy potential in one of San Pedro's most desirable residential neighborhoods.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-6 • 0.5 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 4,438 | 1,676 |
| Lot Size | 5,000 | 5,101 |
| Price | $1.38M | $998.9K |
| Price per sq ft | $311 | $457 |
| Built year | 1975 | 1923 |
| HOA | $0 | $0 |
| Days on market | 27 | 108 |
Jun 25, 2026
$1,379,000
Initial Listing